Ilid Inc
Ilid Inc. shows consistent asset growth and no liabilities, with a history of volunteer leadership.
EIN: 203085506 · Montclair, NJ · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $193K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $180,000. |
| Net Assets | $433K |
| Transparency Score | 85/100 |
Is Ilid Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ilid Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ilid Inc
Ilid Inc (EIN: 203085506) is a nonprofit organization based in Montclair, NJ, classified under NTEE code T30. The organization reported total revenue of $164K and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ilid Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ilid Inc is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 27.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $188K |
| Total Expenses | $193K |
| Surplus / Deficit | $-5,220 |
| Total Assets | $433K |
| Net Assets | $433K |
| Operating Margin | -2.8% |
| Months of Reserves | 26.9 months |
Financial Health Grade: B
In 2023, Ilid Inc reported a deficit of $5K with expenses exceeding revenue, holds 26.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Ilid Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +47.7% | -1.2% |
| 2022 | +78.9% | +13.1% | +11.4% |
| 2021 | -24.3% | +30.1% | -4.2% |
| 2020 | +18.4% | +387.0% | +10.9% |
| 2019 | -23.2% | -86.4% | +32.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ilid Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ilid Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or receives no salary, which is highly efficient for an organization of its size with recent revenues around $180,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ilid Inc's IRS 990 filings:
- Significant deficit in 2015 where expenses ($320,733) far exceeded revenue ($44,234).
Strengths
The following positive indicators were identified for Ilid Inc:
- Consistent asset growth, reaching $433,399 in 2023.
- Zero liabilities reported in recent filings (2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016), indicating strong financial health.
- 0% officer compensation reported across all filings, suggesting highly efficient leadership.
- Consistent filing of IRS Form 990s, demonstrating good transparency.
Frequently Asked Questions about Ilid Inc
Is Ilid Inc a legitimate charity?
Ilid Inc (EIN: 203085506) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $164K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Ilid Inc spend its money?
Ilid Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ilid Inc tax-deductible?
Ilid Inc is registered as a tax-exempt nonprofit (EIN: 203085506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ilid Inc CEO make?
Ilid Inc's highest-compensated officer earns $180,000. annually. The organization reported $164K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ilid Inc's spending goes to programs?
Ilid Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ilid Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ilid Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ilid Inc located?
Ilid Inc is headquartered in Montclair, New Jersey and files with the IRS under EIN 203085506. It is classified under NTEE code T30.
How many years of IRS 990 filings does Ilid Inc have?
Ilid Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $164K in total revenue.
Is Ilid Inc. a good charity?
Based on the available data, Ilid Inc. appears to be a well-managed charity. It has consistently grown its assets, maintained zero liabilities in recent years, and reports 0% officer compensation, suggesting a strong commitment to its mission with minimal overhead for leadership.
How has Ilid Inc.'s financial health changed over time?
Ilid Inc. has shown consistent asset growth, from $269,311 in 2016 to $433,399 in 2023. While there was a significant expense exceeding revenue in 2015 ($320,733 expenses vs. $44,234 revenue), the organization has since stabilized, generally keeping expenses in line with or slightly above revenue, as seen in 2023 ($193,121 expenses vs. $187,901 revenue).
What is the organization's approach to executive compensation?
Ilid Inc. has reported 0% officer compensation in all available filings, indicating that its executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong indicator of efficiency and dedication to mission.
Filing History
IRS 990 filing history for Ilid Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ilid Inc's revenue has grown by 1403%, moving from $13K to $188K. Total assets increased by 23479.9% over the same period, from $2K to $433K. Total functional expenses rose by 50.5%, from $128K to $193K. In its most recent filing year (2023), Ilid Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $188K | $193K | $433K | $0 | — | — |
| 2022 | $176K | $131K | $439K | $0 | — | — |
| 2021 | $98K | $116K | $394K | $0 | — | View 990 |
| 2020 | $130K | $89K | $411K | $0 | — | — |
| 2019 | $109K | $18K | $371K | $0 | — | View 990 |
| 2018 | $143K | $134K | $280K | $0 | — | View 990 |
| 2017 | $160K | $154K | $274K | $0 | — | View 990 |
| 2016 | $78K | $58K | $269K | $0 | — | View 990 |
| 2015 | $44K | $321K | $306K | $37K | — | View 990 |
| 2014 | $515K | $179K | $583K | $37K | — | View 990 |
| 2013 | $250K | $41K | $248K | $38K | — | View 990 |
| 2012 | $13K | $128K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $188K, expenses of $193K, and assets of $433K (revenue +7.0% year-over-year).
- 2022: Revenue of $176K, expenses of $131K, and assets of $439K (revenue +78.9% year-over-year).
- 2021: Revenue of $98K, expenses of $116K, and assets of $394K (revenue -24.3% year-over-year).
- 2020: Revenue of $130K, expenses of $89K, and assets of $411K (revenue +18.4% year-over-year).
- 2019: Revenue of $109K, expenses of $18K, and assets of $371K (revenue -23.2% year-over-year).
- 2018: Revenue of $143K, expenses of $134K, and assets of $280K (revenue -10.6% year-over-year).
- 2017: Revenue of $160K, expenses of $154K, and assets of $274K (revenue +105.4% year-over-year).
- 2016: Revenue of $78K, expenses of $58K, and assets of $269K (revenue +75.6% year-over-year).
- 2015: Revenue of $44K, expenses of $321K, and assets of $306K (revenue -91.4% year-over-year).
- 2014: Revenue of $515K, expenses of $179K, and assets of $583K (revenue +105.8% year-over-year).
- 2013: Revenue of $250K, expenses of $41K, and assets of $248K (revenue +1899.7% year-over-year).
- 2012: Revenue of $13K, expenses of $128K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ilid Inc:
Data Sources and Methodology
This transparency report for Ilid Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.